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Tag: 2020

Lewis Hamilton: Mercedes driver agrees £40m-a-year deal until 2020

Lewis Hamilton: Mercedes driver agrees £40m-a-year deal until 2020

Sports
World champion Lewis Hamilton will race for Mercedes in Formula 1 for at least a further two seasons.The 33-year-old Briton has signed a new contract with the German manufacturer that lasts until the end of 2020.BBC Sport understands Hamilton will earn at least £30m a year, rising to a maximum of £40m, depending on bonuses. Hamilton said a new contract had been "a formality" since he sat down with Mercedes F1 boss Toto Wolff to begin discussions last winter.He said: "It's good to put pen to paper, announce it and then get on with business as usual."I have been part of the Mercedes racing family for 20 years and I have never been happier inside a team than I am right now."We are on...
US hopes for N Korea 'major disarmament' by 2020

US hopes for N Korea 'major disarmament' by 2020

World
The US wants to see a "major disarmament" of North Korea within two and a half years - a timeframe taking it up to the end of Donald Trump's first term in office in 2020. US secretary of state Mike Pompeo admitted there was still "a lot of work left to do" following Tuesday's historic meeting between the president and Kim Jong Un in Singapore.The leaders pledged in a joint statement to work towards the "complete denuclearisation of the Korean Peninsula" but it stopped short of US demands for the North to give up its arsenal in a "verifiable" and "irreversible" way.Critics have said the summit was more style than substance, producing a document short on details about the key issue of Pyongyang's atomic weapons, and that Mr Trump had made too many concessions to Mr Kim. ...
Jose Mourinho: Manchester United manager signs new contract to 2020

Jose Mourinho: Manchester United manager signs new contract to 2020

Sports
Manchester United manager Jose Mourinho has signed a contract extension until 2020, with the option of a further year.The 54-year-old's previous deal at Old Trafford was due to expire in 2019. Mourinho said he was "delighted" that United "feel and trust that I am the right manager for this great club for the foreseeable future". He added: "I would like to say a big thank you to the owners and to [chief executive} Ed Woodward."Sanchez swapped 'fantastic' Arsenal for 'giant' Man Utd - MourinhoThe Portuguese, appointed as Louis van Gaal's successor in May 2016, won the EFL Cup and Europa League in his first season.This season United are second in the Premier League, behind runaway leaders Manchester City, with the club still in the Champions League and FA Cup."We have set very high standards ...
PM's promised energy price cap will expire in 2020

PM's promised energy price cap will expire in 2020

Business
The Prime Minister's cap on energy prices to protect households from rip-off bills will be a "temporary measure", it has been revealed.In a statement to financial markets, ministers revealed their plans to publish a draft law later on Thursday to cap energy prices for those on a standard variable tariff and other default tariffs.But the law will expire in 2020, it was disclosed."The cap would be a temporary measure, having effect initially until the end of 2020," the statement added."The need for it would be kept under review, and extensions could be made, on the advice of Ofgem, up to the end of 2023 at the latest."If passed, the proposed legislation would force regulator Ofgem to impose an "absolute cap" as soon as possible.Video:4 October - Key announcements in May's speech overshadowed...
New JLR models to be electric or hybrid from 2020

New JLR models to be electric or hybrid from 2020

Business
All new Jaguar Land Rover (JLR) vehicle lines will be electric or hybrid from 2020, the luxury carmaker has revealed.Like a growing number of its rivals, JLR has joined the electric vehicle race with plans to release for sale, in a year's time, its Jaguar I-PACE sports car now being built at production facilities in Austria.The manufacturer did not say when it would be ending production of petrol or diesel-only vehicles entirely. But after 2020, all its new models will have an electrical component.The announcement comes two months after Volvo said all its models will have an electric motor two years from now - so they will either be pure electric cars or hybrids that combine electric and conventional engines.Three weeks later, the Government confirmed plans to ban the sale of new diesel an...